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ras al khaimah, UAE | Where should I setup a bank account in ras al khaimah? | Expat Exchange
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Where should I setup a bank account in ras al khaimah?

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We asked expats in ras al khaimah what banks they use and there advice about banking. They advised...

"Expats considering retirement in Ras Al Khaimah, UAE, should be aware of several key factors. Firstly, it's important to understand the cost of living, which can be high in the UAE, especially for housing and education. However, Ras Al Khaimah is generally cheaper than other emirates like Dubai and Abu Dhabi. Secondly, healthcare in the UAE is of a high standard, but it can be expensive, so securing comprehensive health insurance is crucial. Thirdly, while the UAE is tax-free, expats should be aware of their home country's tax laws regarding overseas income. Fourthly, the UAE's laws and customs are based on Islamic principles, and expats are expected to respect these at all times. This includes dressing modestly and refraining from public displays of affection. Fifthly, the official language is Arabic, although English is widely spoken. Nevertheless, learning some basic Arabic phrases can be beneficial. Sixthly, the climate in the UAE is extremely hot and humid in the summer, which can be uncomfortable for those not used to such conditions. Lastly, while the UAE is generally safe, it's important to be aware of local laws and customs to avoid inadvertently breaking the law. For instance, alcohol consumption is restricted and there are severe penalties for drug offenses. In conclusion, retiring in Ras Al Khaimah, UAE, can offer a high standard of living, but it's important to be prepared and understand the local culture, laws, and costs involved," mentioned another expat when asked about moving to ras al khaimah, the UAE.

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Where should I setup a bank account in ras al khaimah?

If you live in ras al khaimah, newcomers to ras al khaimah would love to hear your answer to this question.


William Russell
William Russell

Get a quote for international health insurance from our partner, William Russell.
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William RussellWilliam Russell

Get a quote for international health insurance from our partner, William Russell.
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William Russell
William Russell

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